SC terms siphoning of over ₹54,000 cr by digital fraud ‘dacoity’, asks Centre to frame SoP
New Delhi, The Supreme Court on Monday described the siphoning of over ₹54,000 crore by digital frauds as absolute “robbery or dacoity” and asked the Centre to draft a standard operating procedure in consultation with stakeholders like the RBI, banks and the Department of Telecommunications to deal with such cases.
A bench comprising Chief Justice of India Surya Kant and Justices Joymalya Bagchi and N V Anjaria observed that the amount siphoned off by digital fraud is more than the budgets of many small states.
